Re: Amendment to Employment Agreement
March 2,
2009
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Re:
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Amendment
to Employment Agreement
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Xx. Xxxxx
Xxxxxx
000
Xxxxxxxxxxx Xxxxx
Xxxxxxxxx,
XX 00000
Dear
Xxxx:
This
letter confirms our agreement and shall serve to amend the January 1, 2003
Employment Agreement between you and the Company in accordance with the
following.
Compensation: Effective
January 1, 2009, the Company shall pay the Executive a base salary at an annual
rate of $ 360,000
payable at such times and in accordance with the Company's customary
payroll practices as they may be adopted or modified from time to
time.
Continuing Effectiveness
of Employment Agreement Except as modified herein, the
Employment Agreement dated January 1, 2003 shall remain in full force and effect
in accordance with their respective terms.
If the
foregoing is satisfactory, please so indicate by signing and returning to me the
enclosed copy of this Letter Agreement where upon this will constitute the
agreement of the parties with respect to the subject matter referenced
herein.
Very
truly yours,
/s/ Xxxxx Xxxxxx
Xxxxx
Xxxxxx
Accepted
and agreed to
by:______________________ Dated:________________
Xxxxx Xxxxxx
